Intermediate Accounting Chapter 12 Homework for Credit Problem i Debt securities held to maturity Par Value of Bonds Purchased Stated Interest Rate Effective Interest Rate Purchased On Interest Paid Interest for 11 - 6/30 paid on Interest for 711 - 12/31 paid on Years to maturity 3 BOUTODO 5.00% 2 50% 4.00282.00% 120X2 Sem-Annu July 1st of current year January Ist of next year 10 4) Consider the journal entry required at the first interest payment date. What impact does the Journal entry have on the Hold to Maturity Investment carrying value? 5) What is the carrying value of the bond at the balance sheet date 12/31/X27